I'm trying to understand cryptocurrency wallets. Specifically, I want to know what a wallet ID is in the context of crypto. Can someone explain this to me in simple terms?
7
answers
Pietro
Fri Mar 21 2025
But unlike a regular bank account, there's a significant difference.
Marco
Fri Mar 21 2025
A bank account is usually linked to your name, providing personal identification.
CryptoTrader
Fri Mar 21 2025
A wallet address functions similarly to a traditional bank account number.
KatanaBlade
Fri Mar 21 2025
It serves as your unique identifier in the digital realm.
Maria
Fri Mar 21 2025
Conversely, a cryptocurrency wallet address operates pseudonymously.